Shervin Mirhashemi, Legends Position Majority Investment From Sixth Street
Legends, the hospitality and superior experiences company, has announced a majority investment coming from private equity company Sixth Street, which in turn manages over 50 bucks billion in possessions.
The deal is expected to value Legends from $1. 3 billion including debt, each The Wall Road Journal.
Legends is actually a joint venture between Yankee Global Companies, an internet affiliate of the New York Yankees, and Dallas Cowboys owner Jerry Williams.
Founded in 08, Legends partners together with top sports in addition to entertainment brands to develop, plan and control projects like stadium concessions and web commerce portals.
The investment decision highlights the expanding demand for friendly experiences across industries? especially once supporters can return to venues and curiosity likely skyrockets.
? Typically the desire to are living, play and experience is never greater,? explained Shervin Mirhashemi, leader and chief full-time officer of Legends.
Legends has partnered with a variety of teams in addition to companies including True Madrid FC, SoFi Stadium, the Los Angeles Clippers and even Live Nation Amusement Inc. The purchase with Sixth Road is expected in order to close in the particular first quarter.